$262,000
●
House -
Off Market
52711 Avenida Rubio
La Quinta, CA 92253
4 Beds
2 Baths
1,254 Ft²
$380,813
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model
About This Property
What's unique about this property? It's 4 bedrooms, a hard criteria
to find in this neighborhood of mostly 3 bedroom homes. The
property sits on an over-sized lot of 5563 sq.ft. The standard lot
size in the La Quinta Cove is 4792 sq.ft. The home features a
spacious kitchen and 2 full bathrooms. Master bath shower glass is
newer. Garage door was replaced last year. Converted from septic
tank to the city sewer system, a big plus for the new homeowner!
The home has been well maintained but could use some cosmetic
updates; a perfect slate for a new homeowner that wants to update a
property to their own taste. The backyard is also an open slate for
the new owner's imagination. Did I mention this property is listed
as the lowest priced 4 bedroom home in the La Quinta Cove! Home is
tenant occupied with a month to month lease. More benefits of
living in La Quinta - enjoy discounted golf at the SilverRock Golf
Course. Numerous restaurants, bars, & boutique shops just minutes
away.
Unit Size
1,254 Ft²
Days on Market
278 days
Land Size
0.13 acres
Price per sqft
$207
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1978
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CRMLS #219002321DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 31, 2020 | Sold | ||
| Sold | |||
| Nov 19, 2020 | Listed by Berkshire Hathaway HomeServices California Properties | $329,900 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
| | |||
|
Great La Quinta Cove home with 4 bedrooms, 2 bathrooms. Tiled flooring, two tone paint, landscaped, and much more. Home is move in ready. Enjoy evening mountain views from your backyard.
| |||
| Oct 25, 2019 | Sold | ||
| Sold | |||
| Jan 20, 2019 | Listed by Ronald Christopher & Assoc. | $260,000 | |
| Listed by Ronald Christopher & Assoc. | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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HOA + Taxes
About Santa Carmelita at Vale La Quinta
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Listed by: Ron Saporito, Ronald Christopher & Assoc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219002321DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219002321DA
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